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and despite that, john boehner believes that a solution is possible. take a listen. >> i've outlined a framework for how both parties can work together to avert the fiscal cliff without raising tax rates. if you've look closely at what the president had to say and look closely at what i've had to say, there are no barriers here to sitting down and beginning to work through this process. >> when it comes to those tax hikes, though, the president saying that 98% of americans would not see their taxes go up, that 97% of small businesses would not be impacted at all. he does see some room there to close loopholes for some tax reforms but he doesn't believe that that's enough to make up that trillion dollars, and that the math simply doesn't add up. so what the president wants is a comprehensive plan so that middle-class americans are not hurt. zoraida? >> let's move on to the heated back and forth over u.n. ambassador susan rice. republican senators john mccain and lindsey graham say they would actually try to block rice from being promoted to secretary of
and despite that, john boehner believes that a solution is possible. take a listen. >> i've outlined a framework for how both parties can work together to avert the fiscal cliff without raising tax rates. if you've look closely at what the president had to say and look closely at what i've had to say, there are no barriers here to sitting down and beginning to work through this process. >> when it comes to those tax hikes, though, the president saying that 98% of americans would not...
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Nov 12, 2012
11/12
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boehner and the president were close to a deal last year. the so-called grand bargain, 4 trillion in debt reduction. many think that blueprint still works. >> and the real problem is, uncriminaled entitlement spending and a government that has grown massively. not just under this administration. >> reporter: experts warn of serious damage to the economy, if the standoff drags on. >> three or four weeks from now, they're making no progress at all, you're going to see the anxiety and the nervousness growing in the markets and the corporate board rooms. >>> two weeks after the destruction from hurricane sandy, victims are still trying to put their lives back together. more than 100,000 homes and businesses in new york and new jersey are without electricity, as they struggle to rebuild. a 77-year-old man has died of injuries from a fall, as sandy hit new york, bringing the city's death toll to 43. >>> homeland security janet napolitano met with disaster victims in new york. >>> and now, for a look at the national weather, we turn to bill karins
boehner and the president were close to a deal last year. the so-called grand bargain, 4 trillion in debt reduction. many think that blueprint still works. >> and the real problem is, uncriminaled entitlement spending and a government that has grown massively. not just under this administration. >> reporter: experts warn of serious damage to the economy, if the standoff drags on. >> three or four weeks from now, they're making no progress at all, you're going to see the...
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boehner had agreed to $800 billion. it's not hard to find $1.2 trillion as a kind of middle ground to that. then you want to have $4 trillion of total deficit reduction, so that leaves $2.8 trillion of spending reductions that have to happen. here's what people miss. we can avoid going over the cliff with the stroke of a pen. they can just extend all this stuff and kick the can down the road. the real question is are we going to have a big deal? are we going to agree on the major spending restraints that we need as well as the tax stuff in order to actually get the deficit under control? and i think the betting on that is less than 50%. i think we have a great shot at it. but it's going to be really, really hard. >> is that the view from wall street, too? they're not totally confident that this is going to happen? >> what you see in the stock market at the moment is that wall street is not totally confident. that's for sure. >> all right. steve, thanks so much. >> pleasure. >>> coming up, independent senator-elect of ma
boehner had agreed to $800 billion. it's not hard to find $1.2 trillion as a kind of middle ground to that. then you want to have $4 trillion of total deficit reduction, so that leaves $2.8 trillion of spending reductions that have to happen. here's what people miss. we can avoid going over the cliff with the stroke of a pen. they can just extend all this stuff and kick the can down the road. the real question is are we going to have a big deal? are we going to agree on the major spending...
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Nov 17, 2012
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. >> reporter: john boehner proposed that leaders establish a framework in the next six weeks for widescale reform of the tax code, medicare and social security in 2013. the goal would be to set specific targets now for savings for those reforms. that would negate the need for deep spending cuts that are set to kick in on january 1st. >> take some deep breaths. >> reporter: while democrats balk at any intention of entitlement reform, nancy pelosi signals a new openness >> do we want to have saves from everything that we do? certainly. we need revenue, savings, and growth. >> reporter: she said there appeared to be interest among the leaders for a big deal, $4 trillion in deficit reduction along the lineups of the grand bargain -- lines of the grand bargain that fell apart between the president dent and john boehner last year. >>> tonight the shelves are empty. >> i'm just fighting for my rights and don't take away what i got. >> the twinkie is now a story of lost jobs. >> it's a childhood memory, definitely. >> in the creamy filling, there is also a lesson in nostalgia. why so many american
. >> reporter: john boehner proposed that leaders establish a framework in the next six weeks for widescale reform of the tax code, medicare and social security in 2013. the goal would be to set specific targets now for savings for those reforms. that would negate the need for deep spending cuts that are set to kick in on january 1st. >> take some deep breaths. >> reporter: while democrats balk at any intention of entitlement reform, nancy pelosi signals a new openness...
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the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. so it could, if enough pressure comes on leadership and if they feel like they get a majority, they might be able to pull it o off. >> the key there is the faster that it happens, the more likely it is to happen and the longer it drags on, the less likely it gets. john stanton, thank you very being with us. appreciate it. >> sure. >>> best new thing in the world, flat earth edition in a good way, is straight ahead. t. wow. nice place. yeah. [ chuckles ] the family thinks i'm out shipping these. smooth move. you used priority mail flat rate boxes. if it fits, it ships for a low, flat rate. paid for postage online and arranged a free pickup. and i'm gonna tra
the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. so it could, if enough pressure comes on leadership and if they feel like they get a majority, they might be able...
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speaker boehner all recent days been saying all the right things. it's interesting that today the president didn't really move an inch toward the republicans and speaker boehner had some comments that suggested he is not ready to move towards the president. take a listen thrrvettle are ways to put revenue on the table without increasing tax rates. we have talked about this now for over a year. you could -- there is all kinds of information and data out there. but, getting into the specifics of that at this point would not be conducive to trying to come to an agreement with the white house. >> so the bottom line is that neither side has -- president at his news conference today or john boehner in his conference have gotten into the tough specifics about what's going to happen to taxes, what's going to happen in terms of spending cuts to try to get a big debt cut maybe up to $4 trillion to avoid the so-called fiscal cliff. the president is having leaders in both parties here at the white house on friday. that's when they should start hashing all this
speaker boehner all recent days been saying all the right things. it's interesting that today the president didn't really move an inch toward the republicans and speaker boehner had some comments that suggested he is not ready to move towards the president. take a listen thrrvettle are ways to put revenue on the table without increasing tax rates. we have talked about this now for over a year. you could -- there is all kinds of information and data out there. but, getting into the specifics of...
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Nov 16, 2012
11/12
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john boehner said he outlined a framework that is consistent with the president's call for a balanced approach of both higher revenue and spending cuts. >> our challenge is to make sure that you know we are able to cooperate together, work together, find some common ground, make some tough compromises, build some consensus to do the people's business. >> while we are going to continue to have revenue on the table it is incumbent for my colleagues to show the american people we are serious about cutting spending and solving our fiscal dilemma, i believe we can do this and avert the fiscal cliff that is right in front of us today. >> the president began the meeting on a chordal note, wishing speaker boehner, shaking his hand, a happy birthday. >>> an oil rig exploded in the gulf of mexico 25 southeast of grand isle, louisiana. two crew members are missing and four injured. the fire that followed the explosion has been extinguished. the rigbylongs to black elk energy, an independent oil and gas company headquartered in houston. >>> a texas rail crossing where a train hit a parade float y
john boehner said he outlined a framework that is consistent with the president's call for a balanced approach of both higher revenue and spending cuts. >> our challenge is to make sure that you know we are able to cooperate together, work together, find some common ground, make some tough compromises, build some consensus to do the people's business. >> while we are going to continue to have revenue on the table it is incumbent for my colleagues to show the american people we are...
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Nov 17, 2012
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. >> president obama wished house speaker john boehner an early happy birthday. the president gave him a bottle of sanjiovacy. >> one miff favorites. >> yes. >> yes, it could vool yait the gift limit is $50 and no combination from one source can exceed $100 per year, abc news reports the bottle retails for 125s oodz no wine for mr. boehner. >> an oakland police officer helped capture one of oakland's most-wanted criminals. this went down at ruth's chris steak house. the officer was having dinner, and he noticed a number of notorious street gangs in a nearby table. he stepped outside, called police then went back inside to his table, officers from both cities all converged outside. >> seemedf/s;s vital realtime information from the officer. we knew his movement, his whereabouts. >> the man arrested wanted for a residential robbery, he was dining with fellow gang members. police made some skipped out on the check go back, pay, and leave a nice tip. >> yes. >> still ahead on abc 7 news at 4:00 good samaritans. a grandfather saves a baby's live at the last minute. >>
. >> president obama wished house speaker john boehner an early happy birthday. the president gave him a bottle of sanjiovacy. >> one miff favorites. >> yes. >> yes, it could vool yait the gift limit is $50 and no combination from one source can exceed $100 per year, abc news reports the bottle retails for 125s oodz no wine for mr. boehner. >> an oakland police officer helped capture one of oakland's most-wanted criminals. this went down at ruth's chris steak...
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Nov 12, 2012
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boehner and the president were close to a deal last year. the so called grand bargain, $4 trillion in debt reduction including politically sensitive changes to social security and medicare. many think that blueprint still works. >> and the real problem is uncontrolled entitlement spending and the government that has grown massively, not just under this administration, under republican administration. >> reporter: experts warn of serious damage to the economy if the standoff drags on. >> if three or four weeks from now they're making no progress at all, you're going to see the anxiety and the nervousness growing both in the markets and in corporate boardrooms. it's going to be a rough two months for the u.s. economy. >>> two weeks after the destruction from hurricane sandy, victims are still trying to put their lives back together. more than 100,000 homes and businesses in new york and new jersey are without electricity as they struggle to rebuild. a 77-year-old man has died of injuries from a fall as sandy hit new york, bringing the city's d
boehner and the president were close to a deal last year. the so called grand bargain, $4 trillion in debt reduction including politically sensitive changes to social security and medicare. many think that blueprint still works. >> and the real problem is uncontrolled entitlement spending and the government that has grown massively, not just under this administration, under republican administration. >> reporter: experts warn of serious damage to the economy if the standoff drags...
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. >> speaker boehner told republican members they would have to avoid fights. according to the "new york times" they seemed to listen but it doesn't change the basic disagreement that could push the country off the fiscal cliff the 1st of january. that is when tax cuts expire the average family will pay an extra $3700 a year. and severe cuts in defense spending will be triggered. sticking point, taxes. the president won on letting tax cuts for the rich expire. leading republican said, no. if it sounds like the argument we already heard, you are right. democrats appear emboldened. >> if the republicans will not agree with that, we will reach a point at the end of this year where all the tax cuts expire and we'll start over next year. >> the two sides have four more days to lay out their markers. on friday they come to the white house to start negotiations. >> ama: weather, it's been nice out but just chilly. >> i think the clouds that are sitting off the coast will help to warm us up. let's take a live look from vollmer peak cam looking down to the bay bridge. y
. >> speaker boehner told republican members they would have to avoid fights. according to the "new york times" they seemed to listen but it doesn't change the basic disagreement that could push the country off the fiscal cliff the 1st of january. that is when tax cuts expire the average family will pay an extra $3700 a year. and severe cuts in defense spending will be triggered. sticking point, taxes. the president won on letting tax cuts for the rich expire. leading republican...
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Nov 15, 2012
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. >> reporter: while john boehner agreed ballparks ises in, he said -- bipartisan cooperation is necessary, he said the president's plan is wrong >> we are not going to hurt our economy. >>> that cia sex scandal highlights the insecurities of e-mail. but there are more ways than ever to hide sensitive documents and erase your footsteps. len ramirez shows us how. >> this tape will self-destruct in 5 seconds. >> reporter: there has always been a need to protect sensitive information. whether it's a corporation dealing with trade secrets or a senator trying to hide an adulterous affair. our information more vulnerable than ever. >> the biggest concern is the security of the information in the cloud. >> reporter: the cloud based in san jose has been doubling in size the last two years by creating software that encrypts e-mail to make it unreadable to any outsider. >> if you're not going through our gateway, all you'd see is gibberish. >> reporter: it's designed as a business security system. >> consumer data. >> reporter: but there's an emerging market for consumer products. remember that self
. >> reporter: while john boehner agreed ballparks ises in, he said -- bipartisan cooperation is necessary, he said the president's plan is wrong >> we are not going to hurt our economy. >>> that cia sex scandal highlights the insecurities of e-mail. but there are more ways than ever to hide sensitive documents and erase your footsteps. len ramirez shows us how. >> this tape will self-destruct in 5 seconds. >> reporter: there has always been a need to protect...
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Nov 17, 2012
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. >> reporter: in the meeting, house speaker john boehner proposed leaders establish a framework in the next six weeks for wide scale reform of the tax code, medicare, and social security in 2013. e e goal would be to set specific targets now for savings from those reforms. msat would negate the need for cutp spending cuts congress called for last year that are set to kick in on january 1, the reme day the bush tax cuts are set to expire. that damaging combo has been wnme to be known as the fiscal cliff. while democrats often balling at day mention of entitlement reform, today nancy pelosi signaled a new openness. >> do we want to have savings from everything that we do? certainly? so we need revenue, we need savings, we need growth. > reporter: leader pelosi said tere appeared to be interest in a big deal, about four trillion rsllars worth of deficit reductions along the lines of the grand bargain that fell part wean the president and tpeaker boehner last year, rethony. >> mason: nancy, there are just 46 days until the new year. what can they really hope to ?ccomplish in that time? >>
. >> reporter: in the meeting, house speaker john boehner proposed leaders establish a framework in the next six weeks for wide scale reform of the tax code, medicare, and social security in 2013. e e goal would be to set specific targets now for savings from those reforms. msat would negate the need for cutp spending cuts congress called for last year that are set to kick in on january 1, the reme day the bush tax cuts are set to expire. that damaging combo has been wnme to be known as...
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the president didn't offer any specific thing along the lines what have we heard from john boehner last week, okay, we're there on reven on the table, we'll meet you there. i didn't hear any specific -- >> don't we already have a structure? wasn't that erskine-bowles? it is another committee. >> it is a step back i think from the idea of a deal right now that would trade entitlement reform for tax increases. it sounds to me like it's tax increases for the wealthy in return for a commitment to discuss entitlement reform. >> what you did hear from the president is a statement that the american people knew what they were get what they re-elected me. he also said there is a big contrast between me and mitt romney on the campaign trail and i'm the guy who won the election. >> as one of our smart viewers tweeted in which i thought was so smart -- it's all fun and games until you have to name specific entitlements you want to cut. right? we need more specifics from both sides. all right, going to a break here but after the break, steve leisman, stick around. we also have something today called
the president didn't offer any specific thing along the lines what have we heard from john boehner last week, okay, we're there on reven on the table, we'll meet you there. i didn't hear any specific -- >> don't we already have a structure? wasn't that erskine-bowles? it is another committee. >> it is a step back i think from the idea of a deal right now that would trade entitlement reform for tax increases. it sounds to me like it's tax increases for the wealthy in return for a...
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Nov 12, 2012
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the speaker boehner, mr. president, let's get some stuff going here, but how much of the responsibility lies with him? with speaker boehner, do you think? >> people want cooperation on both sides. the issue at hand will be the fiscal cliff and our budgetary situation. the president's put a proposal forward. it's incumbent on the speaker to say, what they would be willing to do and not simply say, it's not our responsibility. i think people expect everyone to live up to their responsibilities. and one thing that is clear as i moved around the country with the president is that they're hungry for that kind of cooperation. i hope that coming out of this election people will come with a renewed sense of cooperation. because it will take that to solve problems. let me just say one other thing, though, you mentioned that not much has changed. actually what is interesting is you have these super pacs spending literally billions of dollars to defeat the president and to defeat democrats running for congress. well, th
the speaker boehner, mr. president, let's get some stuff going here, but how much of the responsibility lies with him? with speaker boehner, do you think? >> people want cooperation on both sides. the issue at hand will be the fiscal cliff and our budgetary situation. the president's put a proposal forward. it's incumbent on the speaker to say, what they would be willing to do and not simply say, it's not our responsibility. i think people expect everyone to live up to their...
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. >> reporter: but republican house speaker john boehner has balked at that idea. it would take away most of his party's leverage in fiscal cliff negotiations. >> there are a lot of issues on the table that have to be resolved by the end of the year, and i think i've laid out a reasonable framework where both parties can work together, and i'm looking forward to going down to the white house on friday and beginning that conversation. >> reporter: boehner and other top republicans have proposed eliminating deductions and loopholes that benefit the wealthy instead raising their tax rates. >> we are not going to hurt our economy and make job creation more difficult which is exactly what that plan would do. >> reporter: today the president argued closing loopholes alone won't be enough to cut the deficit. he'll have that argument face to face with wayne or friday. one of the most frequent criticisms we've heard over the past few years from members on both sides if you haven't done enough to reach out and build relationships. are there concrete ways you plan to approach
. >> reporter: but republican house speaker john boehner has balked at that idea. it would take away most of his party's leverage in fiscal cliff negotiations. >> there are a lot of issues on the table that have to be resolved by the end of the year, and i think i've laid out a reasonable framework where both parties can work together, and i'm looking forward to going down to the white house on friday and beginning that conversation. >> reporter: boehner and other top...
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the talks begin today with president obama only the first face-to-face talks with joan boehner. he is hosting minority leader nancy pelosi. harry reid and minority lead mitch mcconnell. he leaves for asia tomorrow and members of congress will be taking a break on the monday after thanksgiving. it will be a key day to watch. meantime, speaking of the budget government's mortgage insurance agency, they say defaults on loan during the housing bubble has resulted in more than $16 billion annual deficit. lease see how stocks are going on. pretty quiet until we get some indication what is going on in washington. we're lower across the board but just barely. bloomberg down half percent. >> what do you do with thanksgiving leftovers. they say $282 million worth of turkey will end up in the trash. wasting the food but also $105 billion of water and greenhouse gas emissions that go into getting that turkey to your table. an estimated $165 billion worth of uneaten food every year. i'm jane king. >> eric: thank you very much. >> kristen: what happened to those turkey sandwiches. >>> that is
the talks begin today with president obama only the first face-to-face talks with joan boehner. he is hosting minority leader nancy pelosi. harry reid and minority lead mitch mcconnell. he leaves for asia tomorrow and members of congress will be taking a break on the monday after thanksgiving. it will be a key day to watch. meantime, speaking of the budget government's mortgage insurance agency, they say defaults on loan during the housing bubble has resulted in more than $16 billion annual...
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>> reporter: republican leader john boehner said when he was talking about being open to new revenue, he was not talking about new tax increases. the president sits down with democrats and republican leaders here on capitol hill on friday. back to you. >> tracie potts in washington. thank you. >>> two weeks after the destruction from hurricane sandy, victims are still trying to put their lives back together. more than 100,000 homes and businesses in new york and new jersey are without electricity as they struggle to rebuild. a 77-year-old man has died from injuries from a fall brunging the city's death toll to 43. homeland security secretary janet nah pop politan know has reaffirmed her commitment to be with those for the duration. now for a look at the weather here is nbc meteorologist bill karins with the weather channel forecast. give me good news. >> that's depends where you are in the west. >> i want sunshine. >> go south. the northwest isn't pretty. rain and snow in many areas of washington state and oregon state. look at the radar. the green shows you where the rain is. the whi
>> reporter: republican leader john boehner said when he was talking about being open to new revenue, he was not talking about new tax increases. the president sits down with democrats and republican leaders here on capitol hill on friday. back to you. >> tracie potts in washington. thank you. >>> two weeks after the destruction from hurricane sandy, victims are still trying to put their lives back together. more than 100,000 homes and businesses in new york and new jersey...
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Nov 17, 2012
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republican leader john boehner called the meeting constructive saying a deal is possible with conditions. >> to show our seriousness we've put revenue on the table. as long as it's accompanied by significant spending cuts. >> the impact of the fiscal cliff would be widespread. for example all tax cuts that took effect a decade ago would end. and domestic programs would be reduced bid that same amount. that optimism in washington helped wall street temporarily stop its postelection slide. the dow closed 45 points higher today. the nasdaq gained 16. the markets rallied higher after the remarks from the president and congress. >>> former cia director petraeus was back in capitol hill today exactly one week after he acknowledged an extramarital affair. as john fowler reports, lawmakers questioned the four star general about the deadly attack at the u.s. consulate in libya. >> reporter: retired general petraeus apologized to lawmakers for his apair that led to his resignation last week. reveals a military culture of sexual corruption. >> i'm deeply, deeply disappointed in former general petra
republican leader john boehner called the meeting constructive saying a deal is possible with conditions. >> to show our seriousness we've put revenue on the table. as long as it's accompanied by significant spending cuts. >> the impact of the fiscal cliff would be widespread. for example all tax cuts that took effect a decade ago would end. and domestic programs would be reduced bid that same amount. that optimism in washington helped wall street temporarily stop its postelection...
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. >> reporter: but house speaker john boehner made it clear, wealthiest americans should not see their taxes go up. >> i have outlined a framework how both parties can work together. >> reporter: for the first time the president weighed in on the scandal that led to general petraeus' resignation as cia director. >> i have no evidence at this point, from what i've seen, that classified information was disclosed that would in any way would have had a negative impact on our national security. >> reporter: the president also blasted top republicans for their criticism of u.n. ambassador susan rice over the administration's initial reason for the attack on the u.s. consulate in benghazi. he said they should, instead, take aim at him. rob and paula, back to you. >> a heated moment for the president there. preeti arla, live in washington. >>> and david petraeus will be on capitol hill tomorrow to testify about the september 11th attacks on the u.s. consulate in benghazi, libya. petraeus was head of the cia when u.s. ambassador chris stevens and three other americans were killed. and he did vi
. >> reporter: but house speaker john boehner made it clear, wealthiest americans should not see their taxes go up. >> i have outlined a framework how both parties can work together. >> reporter: for the first time the president weighed in on the scandal that led to general petraeus' resignation as cia director. >> i have no evidence at this point, from what i've seen, that classified information was disclosed that would in any way would have had a negative impact on our...
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see is a promise from the white house regarding entitlements and some sort of promise from speaker boehner about the top tax rate. we don't know how quickly they can get anywhere. >> thank you, luke. i want to bring in senator bernie sanders of vermont, an independent who caucuses with the democrats and he serves on the senate budget committee in congress, joint economic committee. you wrote an op-ed piece in politico saying that we must not balance the budget on the backs of the elderly, the children, the sick and the poor. but you say sadly enough that's the approach virtually all republicans and certain democrats will be advocating. how is that? >> and you just heard your media pundit tell you the same thing. look, in america today you have the most uneven distribution of wealth and income of any major country on earth. you have the top 1% owning 42% of the wealth. the bottom 60% own 2.3% of the wealth. so first question is who should bear the burden? of austerity. do you really go after medicare, medicaid, social security, nutrition programs? do you really want to throw kids off of med
see is a promise from the white house regarding entitlements and some sort of promise from speaker boehner about the top tax rate. we don't know how quickly they can get anywhere. >> thank you, luke. i want to bring in senator bernie sanders of vermont, an independent who caucuses with the democrats and he serves on the senate budget committee in congress, joint economic committee. you wrote an op-ed piece in politico saying that we must not balance the budget on the backs of the elderly,...
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Nov 12, 2012
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. >> reporter: speaker boehner said they would have to avoid nasty fights and according to "the new york times," they seemed to listen. but it could push the country offer the fiscal cliff, the 1st of january. that's when the number of tax cuts expired dubbed taxmageddon. and severe cuts that defense spending would be triggered. the sticking point on avoiding that cliff -- taxes. the president campaigned on and won on letting tax cuts for the rich expire. a leading republican said no. >> no republican is going to vote for higher tax rates. we will generate revenue from eliminating deductions from loopholes. >> reporter: if that sounds like the argument we heard before, you're right. that rates for the rich rise. are we headed for that cliff? >> so if the republicans will not agree wi that, we will reach a point at the end of this year where all the tax cuts expire and we'll start over next year. >> on friday, congressional leaders come here to the white house to start negotiations in earnest. david kerley, abc news, the white house. >>> two weeks after superstorm sandy dealt its devastat
. >> reporter: speaker boehner said they would have to avoid nasty fights and according to "the new york times," they seemed to listen. but it could push the country offer the fiscal cliff, the 1st of january. that's when the number of tax cuts expired dubbed taxmageddon. and severe cuts that defense spending would be triggered. the sticking point on avoiding that cliff -- taxes. the president campaigned on and won on letting tax cuts for the rich expire. a leading republican...
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Nov 13, 2012
11/12
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FOXNEWSW
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they just gave him more time' and speaker boehner still objects to higher tax rates, shepard. >> shepard: republicans here and there are changing their tunes on a lot of things. bill kristol the conservative commentator is one of them, he says raise taxes on the millionaires it won't kill us that shook the g.o.p. establishment. he supports the president's own deficit reduction commission taxes and spending cuts which mr. obama himself turned down. crystal's comments came on "fox news sunday." >> you know what? it won't kill the country if we raise taxes a little bit on millionaires. it really won't. i don't understand why republicans don't take obama's offers to freeze taxes on everybody below 250,000. >> since polls indicate most people favor phasing out he upper income tax cuts. kristol ask why should republicans fall on swords for a bunch of millionaires who half of them live in hollywood and vote democratic anyway. two states have responded to make it legal to smoke marijuana and get high. world leaders have questions. for starters is it time to change drug policies. voters in colora
they just gave him more time' and speaker boehner still objects to higher tax rates, shepard. >> shepard: republicans here and there are changing their tunes on a lot of things. bill kristol the conservative commentator is one of them, he says raise taxes on the millionaires it won't kill us that shook the g.o.p. establishment. he supports the president's own deficit reduction commission taxes and spending cuts which mr. obama himself turned down. crystal's comments came on "fox news...
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Nov 17, 2012
11/12
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KTVU
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republican leader john boehner called the meeting constructive saying a deal is possible with conditions. >> to show our seriousness we've put revenue on the table. as long as it's accompanied by significant spending cuts. >> the impact of the fiscal cliff would be widespread. for example all tax cuts that took effect a decade ago would end. and domestic programs would be reduced bid that same amount. that optimism in washington helped wall street temporarily stop its postelection slide. the dow closed 45 points higher today. the nasdaq gained 16. the markets rallied higher after the remarks from the president and congress. >>> former cia director petraeus was back in capitol hill today exactly one week after he acknowledged an extramarital affair. as john fowler reports, lawmakers questioned the four star general about the deadly attack at the u.s. consulate in libya. >> reporter: retired general petraeus apologized to lawmakers for his apair that led to his resignation last week. reveals a military culture of sexual corruption. >> i'm deeply, deeply disappointed in former general petra
republican leader john boehner called the meeting constructive saying a deal is possible with conditions. >> to show our seriousness we've put revenue on the table. as long as it's accompanied by significant spending cuts. >> the impact of the fiscal cliff would be widespread. for example all tax cuts that took effect a decade ago would end. and domestic programs would be reduced bid that same amount. that optimism in washington helped wall street temporarily stop its postelection...
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Nov 13, 2012
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boehner made it clear that while republicans don't want tax rates to rise, they are open to collecting additional revenue. on the other side, president obama reiterated that he wants the wealthiest americans pay more taxes but he did not demand that tax rates rise to collect the money. if we read between the lines it looks like a deal could be cut to limit itemized deductions for the wealthiest americans. that's schedule a and some o of the popular deductions include mortgage interest or charitable contributions, property taxes and state and local taxes, we could see a deal around the itemized deductions. >> i don't want to be the grim reaper, what if they don't get a deal done, we're in trouble. >> 80 to 90% of americans are going to see their taxes increase, maybe by 3500 dollars on average, 2 grand for middle income americans. if you're a low to middle wage earner. here's what you would lose, the valuable earned income tax credit and payroll tax would go up by a couple percent. if you're in the upper middle wage category, you're going to have a higher tax bract, an increase in cap l
boehner made it clear that while republicans don't want tax rates to rise, they are open to collecting additional revenue. on the other side, president obama reiterated that he wants the wealthiest americans pay more taxes but he did not demand that tax rates rise to collect the money. if we read between the lines it looks like a deal could be cut to limit itemized deductions for the wealthiest americans. that's schedule a and some o of the popular deductions include mortgage interest or...
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Nov 12, 2012
11/12
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CNN
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and john boehner, as well. and we cincinnatiens as speaker boehner may say, is that we can get to the table and we can negotiate. he's already sent a signal that he wants to do that and i believe that president obama wants to do that, too. they both have an interest. the white house line is saying we don't have a deal here we're going to go into recession while boehner is saying business is telling him, hey, let's stop the bonds market from falling apart and make sure that we can pay our national debt. >> republican strategist oliver mcgee. let's hope for a kumbayah moment. richard socarides, thanks to you both this morning. >> thank you. >>> mystery surrounds a missing american journalist thought to be held hostage in syria. coming up, his parents' emotional appeal and why some say the clues found in a video that they just don't add up. there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone repla
and john boehner, as well. and we cincinnatiens as speaker boehner may say, is that we can get to the table and we can negotiate. he's already sent a signal that he wants to do that and i believe that president obama wants to do that, too. they both have an interest. the white house line is saying we don't have a deal here we're going to go into recession while boehner is saying business is telling him, hey, let's stop the bonds market from falling apart and make sure that we can pay our...
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Nov 16, 2012
11/12
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by the way, boehner's word to gohmert after the vote, "louie, i love you too." >>> finally this one. after the election we heard certain ceos were threatening to fire employees if president obama won the election. some are going through with it. robert murray, ceo of the coal company that ordered employees to attend a rally with mitt romney, laid off 156 employees the day after the election. nice guy. john schneider, ceo of papa john's pizza chain, says he will be cutting employee hours to avoid costs associated with obama care. finally, john metz, ceo of several denny's franchises, says he will add a 5% surcharge to customers' bills to offset the cost of obama care. you don't want to pay extra, he suggests you simply tip the server less to offset the cost. what a sweetheart. >>> up next, new information on the affair that brought down cia director david petraeus. you're watching "hardball," the place for politics. now back to "hardball." >>> back to "hardball." we now know the identity of that fbi agent, that tampa socialite jill kelley reached out to after receiving suspicious e-ma
by the way, boehner's word to gohmert after the vote, "louie, i love you too." >>> finally this one. after the election we heard certain ceos were threatening to fire employees if president obama won the election. some are going through with it. robert murray, ceo of the coal company that ordered employees to attend a rally with mitt romney, laid off 156 employees the day after the election. nice guy. john schneider, ceo of papa john's pizza chain, says he will be cutting...
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Nov 12, 2012
11/12
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KGO
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speaker boehner continues to insist raising taxes is out of the question. >>> traffic and weather together, next. >> let's take a live look outside, gonna be chilly, meteorologist mike nicco will have your full forecast and we also check in with sue hall.afi >>> 80 homes damaged, to people killed, the cause still unknown. what is next in indiana, after that mysterious blast >>> beautiful picture wanted to show you the gorgeous colors this morning isn't that tremendous as we look southeast. high clouds not as cold as it was over the weekend, still seeing 30s especially in the east bay and north bay valleys and around los gatos. low to mid 40s san francisco]6Ñ÷ in the afternoon 50s coast low to mid 50s the rest of us best thursday. >>> if you have to come to san francisco, great morning to do it, pretty, chilly, light at the bay bridge toll, no issues, into metering lights no problems upper deck light out of novato through central san rafael past freitas parkway to north san pedro road past civic center moving at limit couple problems with ace trains, number 120 minutes late, number 3, --
speaker boehner continues to insist raising taxes is out of the question. >>> traffic and weather together, next. >> let's take a live look outside, gonna be chilly, meteorologist mike nicco will have your full forecast and we also check in with sue hall.afi >>> 80 homes damaged, to people killed, the cause still unknown. what is next in indiana, after that mysterious blast >>> beautiful picture wanted to show you the gorgeous colors this morning isn't that...
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Nov 15, 2012
11/12
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KRON
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the fact of the matter is that john boehner might not be able to get a majority of his caucus to vote for any tax plan to put together with president obama. the democrats have to deliver and nancy is part of that. >> let us listen she was asked about her age she did not like that. >> some of your colleagues privately say they york decision to stay on prohibits the party from having a younger leadership. and hurts the party in the long term. >> what is your response? >> (audiaence gasps) >> discrimination! >> she says that the entire chinook's. gray.. for 72 years old. --she looks great-472 years old. and follow michael yaki. a half after 72 years old, she looks great. >> cloudy, cool, late evening rainfall. showers are of the day and the same on tuesday. the storm to the south is moving to the bay area. and all these clouds associated with the enormity storms but this is a rare chance that we could see this coming up from the south. it could start in the south bay first which is rare. warmer with the additional cloud coverage. mainly in the 40's with 50s for the bayshore. into the aft
the fact of the matter is that john boehner might not be able to get a majority of his caucus to vote for any tax plan to put together with president obama. the democrats have to deliver and nancy is part of that. >> let us listen she was asked about her age she did not like that. >> some of your colleagues privately say they york decision to stay on prohibits the party from having a younger leadership. and hurts the party in the long term. >> what is your response? >>...
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Nov 13, 2012
11/12
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CSPAN
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if you listen closely to what boehner said, he also left the door open a libble. can we get this done in the lame-duck session? no. can they do a little bit and kick the can down the field until next year where they can get the broader tax reform and spending controls in a way that gives confidence to these c.e.o.'s in this room? yeah, they can do that. so the question is, will they do that? >> will they do that? if you can give one -- senator sasser, if you can get the president on the phone for two minutes and give him one piece of advice what he has to do to get this deal done, what would it be? >> boy, i don't know. that's a tough question. i think i would tell him that he needs to spend more time with leadership on both sides of the congress. and he needs to open up the white house and invite more of the members of both houses in. a little more smoozing, if you will, a little more getting to know each other. that's not his nature. he's really a little introverted, to be quite frank about it. but he needs to reach out and become a more of a political animal an
if you listen closely to what boehner said, he also left the door open a libble. can we get this done in the lame-duck session? no. can they do a little bit and kick the can down the field until next year where they can get the broader tax reform and spending controls in a way that gives confidence to these c.e.o.'s in this room? yeah, they can do that. so the question is, will they do that? >> will they do that? if you can give one -- senator sasser, if you can get the president on the...
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Nov 12, 2012
11/12
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WJLA
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. >> speaker boehner told republican members they would have to avoid nasty fights and according to "the new york times" they seemed to listen. the word don't change a basic disagreement that could push the country off the fiscal cliff, the first of january. when a number of tax cuts expire, meaning the average family will pay $3,700 a year. and severe cuts to defense and government spending will be triggered. the sticking point on avoiding the cliff, taxes. the president campaigned on and won, on letting tax cuts for the rich expire. a leading republican said no. >> no republican will vote for higher tax rates. we will generate revenue from eliminating deductions and loopholes. >> reporter: if that sound like the argument we heard. you are right. democrats appear emboldened that rates for the rich rise. are we headed for the cliff? >> if the republicans will not agree with that, we will reach a pin the at the end of this year, where all of the tax cuts expire, and we'll start over next year. >> reporter: friday, congressional leaders come here to the was to start negotiations in earn
. >> speaker boehner told republican members they would have to avoid nasty fights and according to "the new york times" they seemed to listen. the word don't change a basic disagreement that could push the country off the fiscal cliff, the first of january. when a number of tax cuts expire, meaning the average family will pay $3,700 a year. and severe cuts to defense and government spending will be triggered. the sticking point on avoiding the cliff, taxes. the president...